$ 1,660,000 $ 1,749,000 5.1%

5025 Lotus St

San Diego, CA 92107

  • 3 Beds
  • 3 Baths
    Full Baths: 3
  • 1945 Year Built
Ocean Beach Triplex with AMPLE parking. This 3 unit property is located just 1 block from the water and positioned to become your dream rental property. Situated on just over 5,000 sq ft there is a lot to work with. This beautifully maintained property is ready to become yours with little to no upgrades needed at all. Looking for additional cash flow opportunities? Check out the Feasibility study attached for converting the garage into an additional unit via the ADU regulations here in San Diego. Not only create the income but still have parking available for all your units on site. Seeking even higher returns? Grab one of the 800+ Short Term Rental permits availabe and create even greater cash flow here in Coastal San Diego. Pride of ownership abounds throughout the property and getting a Tri-plex like this is a once in a blue moon opportunity! Don't miss out!
Listed by Andrew T Greer of Real Broker , Sold By Matt May of Keller Williams La Jolla

CONTACT

David Hussain
David Hussain

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PROPERTY DETAIL

  • Key Details

    Sold Price $1,660,0005.1%

    Property Type Multi-Family

    Sub Type Res Income 2-4 Units

    Listing Status Sold

    Purchase Type For Sale

    Subdivision Ocean Beach

    MLS Listing ID 240010352

    Sold Date 09/09/24

    Bedrooms 3

    Full Baths 3

    Year Built 1945

    Property Sub-Type Res Income 2-4 Units

  • Location

    State CA

    County San Diego

    Area Coastal South

    Zoning R-4:MULTIP

  • Building

    Story 2

    Level or Stories 2

  • Interior

    Cooling Other/Remarks

    Fireplaces Number 2

    Fireplace No

  • Exterior

    Fence Full

    View Y/N No

    Roof Type Composition

  • Others

    Senior Community No

    Acceptable Financing Cash, Conventional, VA

    Listing Terms Cash, Conventional, VA

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